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CFP · ChFC
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CFP · ChFC

Utpal Parekh

LPL Financial LLC
17 Years of Experience
Hartford, CT
Broker
View SEC Summary
View SEC Summary

Utpal Parekh is a CFP, ChFC-designated registered investment advisor at LPL Financial LLC, based in Hartford, CT, with 17 years of industry experience. Utpal is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,986,990 clients with $820B in assets under management.

LPL Financial LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
28221 advisors
Number of Clients
1,986,990 clients
Average Client Portfolio
$412K average
Assets Under Management
$819.1B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

The maximum account fee is 2.50% and is negotiable between the client and the advisor. Fees are based on total assets in the account and payable quarterly in advance.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

1 Financial Plaza, Hartford, CT, 06103

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Utpal works as a Financial Advisor for Wilmington Advisors at M&T, a DBA for his LPL business. This is an investment-related activity and takes nearly all of Utpal's time.

Employment History
Current Registrations
LPL Financial LLC
August 2022 - Present · 4 yrs 2 mos
LPL Financial LLCBroker
August 2022 - Present · 4 yrs 2 mos
LPL Financial LLC
August 2022 - Present · 4 yrs 2 mos
Previous Registrations
People's United Advisors, INC.
May 2018 - August 2022 · 4 yrs 3 mos
People's Securities, INC.Broker
May 2014 - August 2022 · 8 yrs 3 mos
People's Securities, INC.
May 2014 - March 2020 · 5 yrs 10 mos
Prudential Financial Planning Services
March 2010 - May 2014 · 4 yrs 2 mos
Pruco Securities, LLC.Broker
May 2009 - May 2014 · 5 yrs
State Registrations19 states
AZCACTDCDEFLGAILINMAMDNCNJNYOHPARITXVA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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